For Traders and Investors

Main menu

Top 10 Penny Shares

GreenGro Technologies gained 858% in January 2014, an impressive feat indeed. Ever since marijuana became legal in Colorado and Washington, penny stocks for marijuana companies have soared. GreenGro Technologies’ share price has increased from approximately $0.05 per share to $0.43 between the beginning and end of January 2014.

Verso Paper Corp experienced a one-month gain of an incredible 380% in January 2014, with a market capitalisation of $158 million. The company makes paper products to be used in a variety of commercial print areas.

HEMP Inc operates as a holding company and has several subsidiaries which are related to both hemp and marijuana. During January 2014, it gained almost 363% and was in fact up by 1,332% in year-to-date terms.

Cannabis Science Inc is yet another company concerned with cannabis medication and had a value of $0.18 per share at the end of January 2014. It had experienced an increase of 248% over this month.

Kingtone Wirelessinfo Solutions is a mobile enterprise solution company. At the beginning of January 2014 stock stood at $3, however by the end of the month it had reached above $10. It should be noted that despite such promising figures the company has a market capitalisation of only $10.8 million.

Dialogic Inc is a communications company providing services such as network infrastructure and cloud solutions. Its market cap is $13 million but gained 178% during the first month of 2014, starting at $0.36 and ending at $1.00.

Endocan Corp is a company that offers a variety of cosmetic products and nutraceuticals. Its stock rose from $0.03 to $0.14 during January 2014.

Minco Gold Corp operates in China in the field of exploration-stage gold. Stock was up by $0.25 during the month of January 2014. This represented a jump of 153% and the company ended this month with a share price of $0.41.

Rexahn Pharmaceuticals Inc is a company which works on cancer treatments. It also has various other drug candidates in the preclinical stage. January 2014 saw an increase of 125% for this stock, and the company closed at $1.15 at the end of January.

Gray Fox Petroleum Corp jumped an impressive 97% during the month of January 2014. The company focuses on gas and oil exploration and operates mainly in Nevada, in the ButteValley region to be precise. It has a market cap of $82.5 million and ended January 2014 at $1.78 per share.

Risk warning:

Spreadbetting, CFD trading and Forex are leveraged. This means they can result in losses exceeding your original deposit. Ensure you understand the risks, seek independent financial advice if necessary. The value of shares and the income from them may go down as well as up. Nothing on this website constitutes a solicitation or recommendation to enter into any security or investment.